Central Asia: Goat Meat Market 2024

Goat Meat Market Size in Central Asia

The Central Asian goat meat market reached $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Goat Meat Production in Central Asia

In value terms, goat meat production rose to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

The country with the largest volume of goat meat production was Mongolia (X tons), comprising approx. X% of total volume. Moreover, goat meat production in Mongolia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), sixfold. The third position in this ranking was held by Turkmenistan (X tons), with a X% share.

In Mongolia, goat meat production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Turkmenistan (X% per year).

In 2022, the average goat meat yield in Central Asia stood at X kg per head, picking up by X% on the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the yield reached the peak level of X kg per head. From 2021 to 2022, the growth of the goat meat yield remained at a somewhat lower figure.

In 2022, approx. X heads of animals slaughtered for goat meat production in Central Asia; waning by X% on the previous year's figure. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the number of producing animals increased by X% against the previous year. The level of producing animals peaked at X heads in 2021, and then dropped in the following year.

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Goat Meat Exports

Exports in Central Asia

In 2022, goat meat exports in Central Asia soared to X tons, increasing by X% compared with the previous year's figure. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, goat meat exports soared to $X in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mongolia (X tons) represented roughly X% of total exports in 2022.

Mongolia was also the fastest-growing in terms of the goat meat exports, with a CAGR of X% from 2013 to 2022. While the share of Mongolia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mongolia ($X) also remains the largest goat meat supplier in Central Asia.

In Mongolia, goat meat exports expanded at an average annual rate of X% over the period from 2013-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Mongolia.

From 2013 to 2022, the rate of growth in terms of prices for Mongolia amounted to X% per year.

Goat Meat Imports

Imports in Central Asia

Goat meat imports shrank dramatically to X tons in 2022, declining by X% compared with the previous year. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, goat meat imports contracted significantly to $X in 2022. Over the period under review, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkmenistan was the largest importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by Kazakhstan (X kg), achieving a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Turkmenistan (with a CAGR of X%).

In value terms, Turkmenistan ($X) constitutes the largest market for imported goat meat in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Turkmenistan amounted to X%.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkmenistan ($X per ton), while Kazakhstan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (X%).

Source: IndexBox Platform

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